Still, have a few more mortgages payments to make? We can help with that
Continue to stay in your property for as long as you like
Often used to help tax planning
Lenders not affected by coronavirus-covid19 crisis
No lender fee charged
All areas of the UK are acceptable including Northern Ireland
If you don’t want a lifetime mortgage or equity release, and just want a normal interest-only mortgage at 1.97% regardless of your age please Click Here
Not interested in equity release? Do you just want a conventional interest-only mortgage at 1.97% regardless of your age please Click Here
The mortgage lender will want to know if the property is a Freehold terraced house or a Leasehold flat with share of freehold and if the resident is an Assured shorthold tenancy tenant.
Drawbacks of Home Reversion Plans
Lumpsum lifetime mortgages can reduce the inheritance for your family. Lifetime mortgage with flexible drawdown cash release may impact entitlements to state benefits. You may need to pay a valuation fee and some products expose you to changes in interest rates.
Areas in the UK where retirement mortgages are routine
60% lifetime mortgage with flexible drawdown cash release Legal & General
30% loan to value lifetime mortgage with flexible drawdown cash release Shawbrook
25% loan to value (LTV) lifetime mortgage with flexible drawdown cash release Precise Mortgages
40% loan to value interest-only lifetime mortgages LV equity release
25% LTV lump sum lifetime mortgages Fleet Mortgages
It’s often found to discover people searching for monthly payment life time mortgage, lumpsum lifetime mortgages or interest-only lifetime mortgages, however, Aviva like Maximum cover Equity Release are keen to see paperwork to show your circumstances in the form of bank statements.